TSX opens muted as energy gains offset inflation fears

Canada main stock index opened flat as gains in energy and mining sectors offset renewed inflation fears. Oil prices surged to $100 per barrel amid escalating tensions between the United States and Iran.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019.   REUTERS/Chris Helgren

Canada's main stock index opened Wednesday trading virtually flat, down 0.03% to 36,112.69 points during morning hours. Gains in domestic mining and energy counters offset renewed inflation fears sparked by surging crude prices.

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